Skip advert
Advertisement

Xmas cheer for drivers as petrol set to dip below 140p per litre

We’re already enjoying a two-year low, but further falls are expected according to RAC Fuel Watch

e10

Drivers can’t have failed to notice the extra pennies in their pockets, but now data from RAC Fuel Watch has confirmed that UK petrol prices are at their lowest for two years.

The average price of a litre of unleaded is now 142.7p, which is a price last seen in the Autumn of 2021. It also means petrol is 10p a litre cheaper than this time last year, while there’s potentially room for more good news on pump prices if retailers continue to reflect the downward curve of wholesale prices.

“Just as we head into one of the busiest times of the year on the roads, RAC data shows the average price of petrol has fallen to its lowest for more than two years,” said RAC fuel spokesman Simon Williams.

Advertisement - Article continues below

“This is good news for drivers, especially as prices should continue to come down in the run-up to Christmas due to the wholesale price being significantly lower. While the biggest retailers haven’t announced any headline-grabbing big cuts, prices are falling steadily every day which is encouraging. We just have to hope this continues in the coming days.

 “If wholesale prices are reflected more fairly at the pumps, we should see the average price of petrol drop below 140p in the next week.”

Sadly the news for diesel drivers is less encouraging, as the current price per litre of 150.29p was 6p lower in August this year. However, diesel remains a lot cheaper this Christmas than last, when drivers were coughing up 175p a litre.

Hopefully for now, the summer 2022 price peaks of 191.5p for petrol and 199.09p for diesel are a distant – if painful – memory.

Want the latest car news in your inbox? Sign up to the free Auto Express email newsletter...

Skip advert
Advertisement
Current affairs and features editor

Chris covers all aspects of motoring life for Auto Express. Over a long career he has contributed news and car reviews to brands such as Autocar, WhatCar?, PistonHeads, Goodwood and The Motor Trader.

Find a car with the experts

Skip advert
Advertisement

Most Popular

New Kia PV5 Passenger MPV undercuts the VW ID.Buzz by a huge £25k
Kia PV5 Passenger - show front

New Kia PV5 Passenger MPV undercuts the VW ID.Buzz by a huge £25k

New entry into the electric people carrier market undercuts the VW ID. Buzz by a significant margin
News
29 Apr 2025
Ford Fiesta set to return? Icon could be reborn with a little help from Volkswagen
Ford Fiesta exclusive image

Ford Fiesta set to return? Icon could be reborn with a little help from Volkswagen

The Ford Fiesta could be coming back from the dead, and our exclusive image previews how it might look
News
2 May 2025
New 2025 Kia PV5 van starts from a tempting £22,645
Kia PV5 Cargo on display at Commercial Vehicle Show - front 3/4

New 2025 Kia PV5 van starts from a tempting £22,645

All-new entry into the van market promises competitive pricing and comes with a range of up to 247 miles
News
30 Apr 2025